8-1

Reporting Financial Statement Effects of Bond Transactions a. Prepare journal entries to record the bond issuance, payment of the first semiannual period's interest, and retirement of $300,000 of the bonds at 101 on November 1, 2019 . b. Post the journal entries from part a to their respective T-accounts. c. Record each of the transactions from part a in the financial statement effects template. Note: Use negative siens with vour answers, when needed